Toyota Fleet Mobility (TFM) is set to re-brand Inchcape Fleet Solutions (IFS) under its Kinto personal mobility brand as its looks to “transition from being a car manufacturer to a mobility company”.
Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
Inchcape looks set to continue its recent round of business disposals after agreeing to sell its Inchcape Fleet Solutions (IFS) UK vehicle fleet management and funding division to Toyota for £100m.
Inchcape Fleet Solutions (IFS) has launched a Personal Contract Hire (PCH) website, www.leasemycar.net.
